Answer:
Option E (143) is the appropriate solution.
Explanation:
According to the question,
The modified duration will be:
= ![\frac{Macaulay \ duration}{(1+yield)}](https://tex.z-dn.net/?f=%5Cfrac%7BMacaulay%20%5C%20duration%7D%7B%281%2Byield%29%7D)
= ![8\times 1.064](https://tex.z-dn.net/?f=8%5Ctimes%201.064)
= ![8.512](https://tex.z-dn.net/?f=8.512)
The percentage change in price will be:
= ![-0.6\times 8 \ percent](https://tex.z-dn.net/?f=-0.6%5Ctimes%208%20%5C%20percent)
=
(%)
Now,
The EMOD will be:
= ![112955\times (1-4.8 \ percent)](https://tex.z-dn.net/?f=112955%5Ctimes%20%281-4.8%20%5C%20percent%29)
=
($)
Or,
The EMAC will be:
= ![112955\times (\frac{1.064}{1.07} )^{8.512}](https://tex.z-dn.net/?f=112955%5Ctimes%20%28%5Cfrac%7B1.064%7D%7B1.07%7D%20%29%5E%7B8.512%7D)
=
($)
Hence,
⇒ ![EMOD-EMAC=107533.2-107675.7](https://tex.z-dn.net/?f=EMOD-EMAC%3D107533.2-107675.7)
![=-142.5](https://tex.z-dn.net/?f=%3D-142.5)
⇒ ![EMAC-EMOD=143](https://tex.z-dn.net/?f=EMAC-EMOD%3D143)
<span>Its a diagnostic test
</span>
Answer:
Hierarchical organizational structure
Explanation:
Hierarchical organizational structure is the type of organization structure where the level of management are divided according to function and services they are performing.
though, the level of management is divided into top level management (the planning executives: boards of member, executives, shareholders), middle (determined how the plan and organization goal will be implemented: managers) and lower level (implement the plan: the supervisor, foreman or shift manager), then will have the workers.
this management system involves decision and authority being transfer from level to level.
in the case: Asa is in the worker level, while her shift manager is in the lower level and general manager is in the middle level.
Answer:
PV = $78.46153 rounded off to $78.46
Explanation:
A perpetuity is an unlimited series of cash flows that are of constant amount and occur after equal intervals of time. As they are unlimited in number, we say that they are perpetual. A perpetual preferred stock can also be said to be in form of a perpetuity as it pays a constant dividend after equal intervals of time. To calculate the price of the preferred stock, we use the present value of perpetuity formula which is,
PV = Cash flow / r
Where,
- r is the required rate of return
PV = 5.1 / 0.065
PV = $78.46153 rounded off to $78.46
Answer: Integrity
Explanation: Integrity in Sales is valuable trait which is being consistently honest, trustworthy and dependable with everything you say or do.People especially Sales men and women who show integrity tend to pull others to them because they are honest, trustworthy and dependable.
You can always vouch on them to behave in credible ways at all times. They are so principled about their performance. They are the best kind of workforce you want in your team.